OUR CIRCULAR ECOSYSTEM

 From the Circularity Gap Report 2022 published by Circle Economy, we learn that our world is experiencing rising waste levels and as of today over 90% of all materials extracted and used are wasted. Waste oil is a major pollutant and waste of natural resources.

Governments around the world are reinforcing the need for a switch to Circular solutions to protect our environment. They are doing this through upcoming legislation around circularity and oil-reuse, that will drive the industry to improve waste collection and re-use.  

Segregation of waste oil is a significant enabler to meeting future legislations.  Corporate responsibility and ESG reporting will accelerate adoption of new technology to solve problems in this area.

Re-refining waste oil and creating a Circular Economy solution, extends the life of our crude oil resources and reduces the likelihood of improper disposal of used oil making its way into the environment to contaminate soil and water. 

Using a waste stream as a feed stock is also energy efficient, as it can take less energy to recycle used oil than to create new lubricating oil from virgin crude oil. Some reports suggest CO2 emissions (kg of CO2 per ton of base oil) can be reduced by more than 50% compared to the conventional production of base oil.